Bloomberg Business

Argentina to Hike Rates in Bid to Stem Inflation Crisis

Argentina will unveil a set of emergency measures in a bid to stem additional currency losses, including a large increase to its key interest rate, as inflation spirals out of control in the run up to presidential elections, according to officials at the Economy Ministry and the central bank.

Picket Lines, Tight Budgets Confront TV Networks Pitching Shows

As if a shrinking audience of traditional viewers and advertisers pulling back in a wobbly economy weren’t enough, TV networks will have to confront picket lines of striking writers this week as they present their fall lineups to media buyers.

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